China Intensifies Policy Coordination to Curb Stablecoin and Crypto Payments
China’s central bank has opened high-level policy talks to strengthen enforcement against stablecoin and crypto payments amid the renewed trading activity.
Stablecoins - Page 23
Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to a fiat currency like the US dollar. They aim to combine the efficiency of blockchain transactions with the price stability of traditional money. Stablecoins are commonly used for trading, payments, and transferring value across crypto platforms. Some are backed by reserves, while others rely on algorithms or crypto collateral. Their growing use has made stablecoins a key bridge between traditional finance and the crypto economy.
Latest Stablecoins News
Visa Expands Stablecoin Settlement with Aquanow Partnership Across CEMEA Region
Visa has partnered with Aquanow to expand stablecoin settlement capabilities across the CEMEA region, enabling issuers and acquirers to settle transactions using USDC for faster, lower-cost…
KuCoin Pay Introduces Global Crypto Travel Platform with Entravel Partnership
KuCoin Pay has launched KuCoin Pay Travel in partnership with Entravel, creating a new global platform for crypto-based hotel bookings with discounts of up to 60%.
Grayscale Files with SEC to Convert Zcash Trust into First-Ever ZEC ETF
Grayscale Investments has filed a registration statement with the SEC to convert its Grayscale Zcash Trust (ZEC) into an exchange-traded fund (ETF).
Klarna Introduces KlarnaUSD to Tap into Stablecoin Market
The introduction of KlarnaUSD positions Klarna as the first bank to introduce a stablecoin on Tempo, a blockchain recently launched by Stripe and Paradigm.
Circle Reports $740 Million Q3 Revenue as USDC Circulation Doubles
Circle Internet Group posted $740 million in third-quarter revenue and reserve income - 66 % year-on-year growth - as USDC circulation surged and the company advanced…